Current Account in Thailand

Thailand Current Account (USD bn) | Economic News & Forecasts

Thailand - Current Account (billions of U.S. Dollars)

Following a strong first quarter in which the economy grew at a multi-year high pace, second quarter data is also providing some good news, as domestic demand appeared firm in Q2 on the back of household spending. Growth in private consumption was elevated in April–May, while retail sales grew at a near double-digit pace in April. Private consumption is likely being buttressed by wage growth and improving consumer confidence, which reached its highest level in five years in June. Furthermore, manufacturing output expanded at a solid pace in April and May. On the downside, the PMI moderated in June on the back of a fall in new domestic and export orders, suggesting that growth momentum in the manufacturing sector eased in the same month.

Thailand - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)-4.9  15.2  32.1  48.2  48.1  

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Thailand Current Account (USD bn) Chart

Thailand Current Account
Note: Current account balance as % of GDP.
Source: Bank of Thailand and FocusEconomics calculations.

Thailand Facts

Bond Yield2.620.0 %Jul 17
Exchange Rate33.220.17 %Jul 17
Stock Market1,626-1.41 %Jul 17

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